Production Planning and Control

If production planning is a company’s ability to establish achievable manufacturing goals, while managing inventory, productivity, human resources and resources, then production control is the means a company uses to optimize production in line with finance, operations and overall production targets.

When production is controlled, companies are effectively managing inventory, quantities, supply, equipment and staff. Thus, they are allocating resources in a way that saves them money. Essentially, production targets are achieved in the most cost effective, productive and sustainable way. Production control seeks to regulate inventory, optimize production schedules and workflow, allocate resources efficiently, reduce waste and, of course, reduce costs.